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Vanguard International Semiconductor (ROCO:5347) E10 : NT$5.02 (As of Mar. 2024)


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What is Vanguard International Semiconductor E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Vanguard International Semiconductor's adjusted earnings per share data for the three months ended in Mar. 2024 was NT$0.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NT$5.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vanguard International Semiconductor's average E10 Growth Rate was 2.40% per year. During the past 3 years, the average E10 Growth Rate was 19.50% per year. During the past 5 years, the average E10 Growth Rate was 17.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Vanguard International Semiconductor was 21.70% per year. The lowest was 16.20% per year. And the median was 19.50% per year.

As of today (2024-05-17), Vanguard International Semiconductor's current stock price is NT$96.00. Vanguard International Semiconductor's E10 for the quarter that ended in Mar. 2024 was NT$5.02. Vanguard International Semiconductor's Shiller PE Ratio of today is 19.12.

During the past 13 years, the highest Shiller PE Ratio of Vanguard International Semiconductor was 52.26. The lowest was 13.45. And the median was 25.45.


Vanguard International Semiconductor E10 Historical Data

The historical data trend for Vanguard International Semiconductor's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vanguard International Semiconductor E10 Chart

Vanguard International Semiconductor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 2.96 3.83 4.81 5.05

Vanguard International Semiconductor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.90 4.98 5.02 5.05 5.02

Competitive Comparison of Vanguard International Semiconductor's E10

For the Semiconductors subindustry, Vanguard International Semiconductor's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vanguard International Semiconductor's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Vanguard International Semiconductor's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vanguard International Semiconductor's Shiller PE Ratio falls into.



Vanguard International Semiconductor E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Vanguard International Semiconductor's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.77/131.7762*131.7762
=0.770

Current CPI (Mar. 2024) = 131.7762.

Vanguard International Semiconductor Quarterly Data

per share eps CPI Adj_EPS
201406 0.800 100.560 1.048
201409 0.800 100.428 1.050
201412 0.870 99.070 1.157
201503 0.830 99.621 1.098
201506 0.640 100.684 0.838
201509 0.510 100.392 0.669
201512 0.530 99.792 0.700
201603 0.820 100.470 1.076
201606 0.920 101.688 1.192
201609 0.800 101.861 1.035
201612 0.820 101.863 1.061
201703 0.700 102.862 0.897
201706 0.600 103.349 0.765
201709 0.700 104.136 0.886
201712 0.740 104.011 0.938
201803 0.700 105.290 0.876
201806 0.860 106.317 1.066
201809 1.010 106.507 1.250
201812 1.150 105.998 1.430
201903 0.840 107.251 1.032
201906 0.900 108.070 1.097
201909 0.900 108.329 1.095
201912 0.900 108.420 1.094
202003 0.890 108.902 1.077
202006 0.900 108.767 1.090
202009 0.930 109.815 1.116
202012 1.100 109.897 1.319
202103 1.340 111.754 1.580
202106 1.580 114.631 1.816
202109 1.990 115.734 2.266
202112 2.230 117.630 2.498
202203 2.470 121.301 2.683
202206 2.940 125.017 3.099
202209 2.280 125.227 2.399
202212 1.460 125.222 1.536
202303 0.820 127.348 0.849
202306 1.210 128.729 1.239
202309 0.980 129.860 0.994
202312 1.430 129.419 1.456
202403 0.770 131.776 0.770

Add all the adjusted EPS together and divide 10 will get our e10.


Vanguard International Semiconductor  (ROCO:5347) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Vanguard International Semiconductor's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=96.00/5.02
=19.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Vanguard International Semiconductor was 52.26. The lowest was 13.45. And the median was 25.45.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Vanguard International Semiconductor E10 Related Terms

Thank you for viewing the detailed overview of Vanguard International Semiconductor's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Vanguard International Semiconductor (ROCO:5347) Business Description

Traded in Other Exchanges
N/A
Address
No. 123, Park Road 3, Hsinchu Science Park, Hsinchu, TWN, 30077
Vanguard International Semiconductor Corp is engaged in the manufacturing, selling, packaging, Masks, testing and computer-aided design of integrated circuits and other semiconductor devices. The company offers a range of process technologies, including High Voltage, Ultra High Voltage, Discrete, Silicon on Insulator (SOI), Logic, Mixed-Signal, Analog, High Precision Analog, and Embedded Memory technologies. Geographically, it derives a majority of revenue from Asia and America.

Vanguard International Semiconductor (ROCO:5347) Headlines

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